Tiny, causal models are crucial for embedded audio machine learning applications. Model compression can be achieved via distilling knowledge from a large teacher into a smaller student model. In this work, we propose a novel two-step approach for tiny speech enhancement model distillation. In contrast to the standard approach of a weighted mixture of distillation and supervised losses, we firstly pre-train the student using only the knowledge distillation (KD) objective, after which we switch to a fully supervised training regime. We also propose a novel fine-grained similarity-preserving KD loss, which aims to match the student’s intra-activation Gram matrices to that of the teacher. Our method demonstrates broad improvements, but particularly shines in adverse conditions including high compression and low signal to noise ratios (SNR), yielding signal to distortion ratio gains of 0.9 dB and 1.1 dB, respectively, at -5 dB input SNR and 63x compression compared to baseline.